Values
Call for stamp duty change in UK to boost residential property market
It is almost certain that the UK Chancellor Philip Hammond will address issues in the property market in his autumn statement later this week with stamp duty and landlord tax being flagged as needing reform by the real estate industry. The latest plea for change comes from estate agents Stirling Ackroyd. Head of residential development […] The post Call for stamp duty change in UK to boost residential property market appeared first on PropertyWire . Continue reading →
Global office rental growths slowed in third quarter of 2016
Annual rental growth on prime office assets across major global markets slowed to 2.9% in the third quarter of 2016 from 3.4% in the previous quarter and overall global leasing volumes are expected to be up to 5% lower than last year. Office rents increased by 0.5% quarter on quarter, down from 0.8% in the […] The post Global office rental growths slowed in third quarter of 2016 appeared first on PropertyWire . Continue reading →
House building land in UK affected by developers post Brexit sentiment
Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading →